Market to Favor Sellers More Than Last Year!
That’s right – If you are looking to sell this year, the market is in your favor. Inventory continue to be low; a 19-year low housing inventory, actually. Nationally, new home sales raised 3.7% in January 2017, but as of 3/10/17, un-sold inventory is 38 detached homes & 29 condos / townhomes. It continues to be a seller’s market. Good news for buyers is the 30-yr fixed rates is still low at 4.375%/4.375% APR while the 30-yr fixed $417k-$636k loan rate is 4.500%/4.509% APR and FHA 30-yr fixed rate is 4.125%/4.977% APR per www.WhyLaurieMacey.com
To read the newsletter, click the following:
MWU Properties FV/NE.HB Newsletter 2017-03-11.pdf
Thank you for reading!
Matthew
www.MWUproperties.com
612-888-4MWU
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